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Notice
This Notice is being issued to provide Participants with further information in relation to the Macquarie Capital Notes Reinvestment Offer and details the acceptance process through CHESS.
Please be advised a new takeover code MQG012 has been setup for JB Were
MQG has announced the offer of a new security – Macquarie Capital Notes (MQGPA).
The Macquarie Capital Notes 3 (MCN3) Offer includes a Reinvestment Offer to Eligible Macquarie Capital Notes Holders, which will enable those holders to apply to reinvest the redemption proceeds of some or all of their Macquarie Capital Notes (MCN) in a corresponding number of MCN3.
The Offer is expected to open on 15 May 2018.
The Offer is expected to close at 5.00pm on 1 June 2018.
Eligible MCN Holders are persons who:
- were registered as a holder of Macquarie Capital Notes at 7.00pm (Sydney time) on 4 May 2018;
- are shown on the MCN register as having an address in Australia; and
- are not in the United States or acting as a nominee for, or for the account or benefit of, a US Person or not otherwise prevented from receiving the Reinvestment Offer or MCN3 under the laws of any jurisdiction.
What do I need to do by when?
Bid Details:
Bidder: |
Macquarie Group Limited |
|---|---|
UIC: |
11514 |
Registry/Agent: |
Link Market Services Limited |
ASX Code: |
MQGPA |
General Offer Acceptance Code: |
General Reinvestment Offer MQG999 – Non-Syndicate Broker Reinvestment Offer Applications
|
Syndicate Broker Offer Acceptance Codes: |
Reinvestment of Macquarie Capital Notes (MQGPA)– via a Syndicate Broker The following offer acceptance codes should only be used by Syndicate Brokers MQG001 – Macquarie Equities MQG002 – ANZ Securities Limited MQG003 – Commonwealth Bank of Australia MQG004 – Citigroup Global markets Australia Pty Limited MQG005 – Evans and Partners Limited MQG006 – J.P. Morgan Australia Limited MQG007 – Morgans Financial Limited MQG008 – National Australia Bank Limited MQG009 – Shaw and Partners Limited MQG010 – Westpac Institutional Bank MQG011 – Third Party Brokers MQG012 - JB Were MQG999 – General |
Offer Terms:
Offer Open Date: |
15 May 2018 |
|---|---|
Offer Close Date: |
5:00pm (Sydney time) on Friday, 1 June 2018 (unless extended or withdrawn) |
CHESS will process offer acceptance messages until 5:00pm (Sydney time) on 1 June 2018, or in the event that the offer is extended, such other times as may be notified by Macquarie Group Limited to the market.
For further information regarding the offer please visit www.MCN3Offer.com.au or contact the MCN3 Offer Information Line (Monday to Friday, 8:00am to 5:30pm, Sydney time) on 1300 420 406 (within Australia) or +61 1300 420 406 (from outside Australia).
Need more information?
Issued by
Nehali Dani, Post Trade Operations
Contact information
Nehali Dani
1800 623 571
cad@asx.com.au
General Information
Participants should refer to Section 13 of the CHESS Procedure Guidelines for Participants and Section 14 of the ASX Settlement Operating Rules for further information concerning the processing of Takeover Acceptance Messages & Takeover Acceptance Removal Request Messages for a CHESS holding of securities. Some of these issues are summarised below.
A Participant must submit acceptance of an offer by transmission of an EIS type ‘031’ message (Takeover Acceptance Message) where the securities in Question are held in a CHESS Holding. The Participant will receive a ‘032’ message (Effected Takeover Acceptance Message) from CHESS in response.
In addition to the electronic notification to the Participant, paper notification will be sent directly to the Holder as securities are reserved in an offer-accepted subposition. Any change to the balance of securities in the subposition will generate further electronic notification to the Participant and paper notification to the Holder.
Where a Participant receives instructions from a Sponsored Holder, the Participant is required under the ASX Settlement Operating Rules to submit an acceptance as follows:
If the Holder specifies the time when or by which the offer must be submitted, in accordance with those instructions; otherwise by End of Day on the date of receipt of instructions from the Holder, where the offer closes on the date of receipt of instructions then prior to the close of the offer.
Participants should therefore retain, as a minimum, a record of the date on which instructions to accept an offer is received from a Sponsored Holder.
If Securities in a CHESS holding have been reserved by ASX in an offer accepted subposition, a release of the Securities from that subposition may be initiated by a Valid Originating Message if the Holder of the Securities to which the tender relates is legally entitled.
A Participant must initiate removal of a Takeover Acceptance Message by transmission of an EIS type ‘085’ message (Takeover Removal Request Message) where the securities in Question are held in a CHESS Holding. The Participant will receive a ‘086’ message (Acceptance Removal Request Message) from CHESS in response.
In addition to the electronic notification to the Participant, paper notification will be sent directly to the Holder as securities have been removed from an offer-accepted subposition. Any change to the balance of securities in the subposition will generate further electronic advice to the Participant and paper advice to the Holder.
Participants should therefore retain, as a minimum, a record of the date on which instructions to withdraw Securities are received from a Sponsored Holder.